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452 Winder Highway

$299,000

452 Winder Highway, Lawrenceville, GA 30045

Active
Last Updated: 07/02/2022

35

Cap Rate

382,500

NOI

Details:
Cap Rate:    35%
NOI:    $382,500
Building Size:    2,500 sqft
Year Built:    2002
Parking Spots:    40
Highlights:
  • Lot Features: Corner Lot, Free Standing, Level, Street Lights
  • Number Of Buildings: 1
  • Bathrooms Total: 0
  • Documents Available: Lease, Prof/Loss
  • Cooling: Central Air
  • Heating: Central, Forced Air
  • Electric: 440 Volts
  • Flooring: Brick
  • Construction Materials: Brick 4 Sides
  • Parking Features: Parking Lot
  • Accessibility Features: Accessible Entrance, Accessible Kitchen
  • Security Features: Closed Circuit Camera(s)
  • Buyer Agency Compensation: 3.00
Description:

After 21 successful yrs at this location, owner is relocating to Florida- offering this highly profitable, Google 5-star family business to its new owner… This well-rooted, established, turn-key retail meat market is located in busy Lawrenceville- in a Circle K/ Chevron plaza, generating OVER $70,000 MONTHLY IN RECEIPTS; and serves customers in cities from all around… The owner has been an expert in the industry- on his 36th year in the business- and who’s name has been synonymous with quality & service for decades. This business has OVER 100 GOOGLE 5-STAR reviews and was voted Best Meat Market…The remarkable, mouth-watering fresh quality of their food products is in a class all its own- ask their loyal customers! The approx 2,500 sq ft location @ $3,468 mo rent is in a very dense Lawrenceville area. Business is leased location and has been a landmark in the area for years… Food products include: beef, pork, veal, lamb, turkey, chicken, produce & can goods, fish & seafood, as well as some deli items… He will generously deliver this business “as it stands today” with all food stock, inventory, equipment (completely paid off), POS systems, security, and of course contacts required for a smooth hand-off… There is no debt on this business. Priced very, very reasonably with ODI (owners discretionary income) at a strong 35% profit margin- on an annual gross receipts of about $825,000; this year's proforma is projected to be almost $1M. This is an exceptional opportunity- with verifiable records, tax returns, & proven customer base. Monthly utilities: $922 electric $60 gas; $92 water… Doing the math this business is priced at an extraordinary CAP or ROI rate… You can literally purchase this business- and be up and running Day 1, providing a sustainable, recession-free, Covid-free operation that can last a lifetime. And free training too personally from owner- to ensure your success. Please email broker for Buyer Spec Sheet so I can send you more details… Showings only arranged strictly by advanced appointment with Listing Broker.

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